Proposal to newly establish Articles 39 and 40 in the Articles of Incorporation to allow dividends of surplus to be decided by the Board of Directors and to delete duplicate provisions, to be submitted at the shareholders meeting scheduled on February 26, 2026.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center 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Ltd.","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-01-23","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/01\/9837-20260123-02.pdf","jir_short_summary":"Proposal to newly establish Articles 39 and 40 in the Articles of Incorporation to allow dividends of surplus to be decided by the Board of Directors and to delete duplicate provisions, to be submitted at the shareholders meeting scheduled on February 26, 2026.","jir_summary":"### Overview of the Articles Amendment\nMorito Co., Ltd. resolved at the Board of Directors meeting held on January 23, 2026, to propose a partial amendment to the Articles of Incorporation at the 88th Annual General Meeting of Shareholders scheduled for February 26, 2026. The main change expands the decision-making authority on dividends of surplus from resolution by the shareholders meeting to also include resolution by the Board of Directors, enabling more flexible capital and dividend policies. Specifically, pursuant to Article 459, Paragraph 1 of the Companies Act, Articles 39 (Decision-making Authority for Dividends of Surplus) and 40 (Record Date for Dividends of Surplus) will be newly established to allow dividends of surplus to be resolved by the Board of Directors, and the existing provisions concerning year-end and interim dividends will be deleted.\n\n### Impact on Shareholders and Outlook\nThis amendment to the Articles of Incorporation does not eliminate the shareholders meeting\u2019s resolution on dividends of surplus, which remains valid. This change allows the company to implement dividend policies promptly according to market conditions and business circumstances. The amendment will take effect on February 26, 2026, and is expected to enhance flexibility in future capital policy. For investors, the increased agility in dividend policies is noteworthy, although specific dividend amounts or changes in dividend policy will be announced separately.","jir_financial_highlights":"Date of Articles Amendment: 2026-02-26 (Unknown)\nDecision-making authority for dividends of surplus: Changed to allow resolution by the Board of Directors (Previously shareholder meeting resolution (year-end dividend) and Board of Directors resolution (interim dividend))\nChanges to Articles of Incorporation: Newly established Articles 39 and 40 and deletion of existing provisions (Elimination of overlapping content)","jir_category":"","jir_hashtags":"#MoritoCoLtd, #ArticlesAmendment, #CapitalPolicy","jir_key_figures":"Scheduled Date of Articles Amendment: 2026-02-26\nNewly Established Articles: Article 39 (Decision-making Authority for Dividends of Surplus), Article 40 (Record Date for Dividends of Surplus)\nDeleted Articles: Current Article 39 (Year-end Dividend), Article 40 (Interim Dividend)","jir_meta_title":"Morito Co., Ltd. to Change Decision Authority for Dividends of Surplus to Board Resolution (Scheduled Effective February 26, 2026)","jir_meta_description":"Morito Co., Ltd. plans to propose at the shareholders meeting on February 26, 2026, a partial amendment to the Articles of Incorporation allowing dividends of surplus to be decided by the Board of Directors, aiming to enhance capital policy agility.","jir_og_title":"Morito Co., Ltd. Announces Amendment to Articles Regarding Dividend Decision Authority","jir_og_description":"The amendment to the Articles of Incorporation, effective February 26, 2026, will allow dividends of surplus to be decided by resolution of the Board of Directors.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":17494,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"capital_policy","footnotes":""},"sector":[],"importance":[],"class_list":["post-20591","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n